Dr. Copper Could Turn Dull

Copper prices are up sharply since last June, but the rally is unlikely to last. Too much supply could choke the market.

By

David Winning

January 12, 2013

By

David Winning

January 12, 2013

DJ-AIG Commodity Indexes

Investors have again taken a shine to copper, but this rally might be little more than a flash in the pan.

The industrial metal has risen 9.6% since June 22, to $8,045 a ton on the London Metal Exchange. The performance was ignited by positive manufacturing data from both China and the U.S. And, yes, the U.S....